Mining majors reluctantly taken off City sell list
BHP, Rio and Glencore are no longer worth selling; meanwhile Cineworld, Just Eat and Thomas Cook are also in Wednesday’s broker spotlight
Company
LON:FRES
The Fresnillo Group is a leading precious metals company, and is the world's largest primary silver producer and Mexico's second largest gold producer. Fresnillo's mining assets are comprised of three operating mines (Fresnillo, Ciénega and Herradura), two development projects (Fresnillo II and Soledad and Dipolos at Herradura), three advanced exploration prospects (San Juan, San Julian and Orysivo) and multiple exploration projects.
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BHP, Rio and Glencore are no longer worth selling; meanwhile Cineworld, Just Eat and Thomas Cook are also in Wednesday’s broker spotlight
Investments and investor services
The FTSE 100 which closed 2 points lower to 6,686.
The silver miner’s dividend is being cut by almost 60%
Insurer Admiral climbed on market talk of a potential takeover bid
Precious metal miners lost their twinkle as commodity prices fell
Investments and investor services
HSBC and Standard Chartered are often bracketed together because of their focus on Asian markets, and they continue their double-act this week.
After two-years without a ‘Buy’ rating on a gold or silver miner, the broker has finally decided to give not just one the rating, but three.
Unsurprisingly, Pearson and its sale of the FT to Japan's Nikkei received coverage...
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Britain's top share index closed almost 20 points lower...
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Flying onto the news radar midweek will be budget carrier EasyJet and chip designer ARM Holdings....
Investments and investor services
blur Group attracted 30% more large business customers to its e-commerce platforms while Cable & Wireless reported flat first quarter mobile revenue.
Investments and investor services
The FTSE 100 was 14 points to the good, at around 6,789.
Investments and investor services
German parliament signed off on the £60bn rescue package last week.
FTSE100 higher but gold price tanks as Greece situation eases
Investments and investor services
Property companies feature heavily this week, but the man in the street may be more interested in an update from consumer goods giant Unilever, maker of the mighty/manky Marmite.
Investments and investor services
The UK's main index was flat, eking out a 12 point gain.
Investments and investor services
In the UK, the FTSE 100 climbed 50 points by lunch to sit at 6,727.
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Germany made few concessions during the lengthy talks and reportedly insisted that €50bn of assets being used to pay down Greece debts.